OpenAI’s quarterly revenue reportedly crosses $10B for the first time
Sales of $10B represents an almost 50% jump from revenue of $6.7 billion the company recorded in the second quarter.
Anthropic
OpenAI, Anthropic face new oversight as New York’s AI safety law takes effect
New York is preparing to enforce its sweeping AI safety law, requiring major developers like OpenAI and Anthropic to register, disclose safety practices, and report critical incidents or face fines.
All 7 Anthropic founders will each cash out about $250M in IPO
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
Anthropic has its own AI-powered office suite now
For years, Anthropic has been known for its focus on enterprise and coding tools that attract high-flying corporate clients, inspiring competing frontier labs – like OpenAI, SpaceXSI, and Meta – to copy its strategies. Earlier this year, Claude Code went through its own particular hype cycle. And now, Anthropic is trying to expand its footprint […]
Anthropic targets $1.4 trillion IPO
Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share and according to the Wall Street Journal’s sources, Anthropic is “aiming for its shares to start trading Thursday or Friday next […]
Anthropic sets IPO price range of $70 to $78 per share to reach an implied valuation of $1.404 trillion
The company could end up being worth a hefty $1.404 trillion if its shares list at the top of the price range, on a fully diluted basis.
Anthropic launches new Claude Fable and Mythos 5.2 models
Anthropic is announcing two new models today: Claude Fable 5.2 and Claude Mythos 5.2, which it says are designed to take on “daunting” technical challenges. The company claims the new models show improvements in coding, reasoning, and vision, and can generate outputs faster than the 5.1 versions of the Fable and Mythos models. Claude Fable […]
Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines
Anthropic bought billions of dollars worth of natural gas turbines in a deal that could give it buyer’s remorse.